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CC RESOLUTION 5218RESOLUTION NO. 5218 A RESOLUTION OF THE EL SEGUNDO CITY COUNCIL ESTABLISHING THE BUSINESS LICENSE TAX MONEY -BACK GUARANTEE REFUND PROGRAM The City Council of the City of El Segundo does resolve as follows: SECTION 1: The City Council finds that: A. On March 4, 2020, the Governor proclaimed a State of Emergency relating to the coronavirus identified as COVID-19 and the worldwide spread of a new disease against which most people do not have immunity; B. On March 11, 2020, the World Health Organization declared the coronavirus identified as COVID-19 to be a pandemic: C. On March 13, 2020, the President declared a National Emergency relating to COVID-19; D. On March 17, 2020, the City Council ratified the City Manager's proclamation of a local emergency within the City; E. The COVID-19 pandemic has pushed the world into a recession, and the pandemic's economic consequences are severely impacting the United States and Southern California; F. As of the date of this resolution, approximately 38 million Americans have filed for unemployment since the emergency was declared; such a sharp and staggering increase has never been seen before, not even at the peak of the 2009 global financial crisis; G. The City Council is aware of the challenges local businesses are facing during this time, and desires to foster new businesses as much as possible; H. Currently, new businesses in the City pay an initial business license tax that is based on the taxpayer's best estimate of the average quarterly number of employees, square feet and business locations within the City over the course of the calendar year; new businesses may seek an adjustment to the initial tax when the business renews its business license (ESMC § 4-2- 5); 1. In these uncertain times, the City Council desires to provide new businesses the opportunity to open a business in the City without having to worry about one year's worth of business license tax, in the event the business decides to leave the City within one year. RESOLUTION NO. 5218 PAGE 1 of 3 SECTION 2: Program Adoption. The City Council hereby adopts the "Business License Tax Money -Back Guarantee Refund Program." Effective the date of this resolution, if a new business opens in the City and then decides to close the business within twelve months of opening, the business may apply to the City to have its business license tax refunded. Notwithstanding any provision of Title 4 of the EI Segundo Municipal Code to the contrary, upon application to the City, a qualifying business shall be refunded its business license tax. This program is only available for a business that has at least 5,000 square feet of floor area and a minimum of 10 employees at its location(s) within the City. A business may only use this program once and the program will not apply to any business that opens after January 1, 2023. SECTION 3: Authorization. The City Council hereby authorizes the City Manager or designee to take all actions needed to effectuate this resolution. SECTION 4: This Resolution will become effective immediately upon adoption and will remain effective unless repealed or superseded. SECTION 5: The City Clerk will certify to the passage and adoption of this Resolution; will enter the same in the book of original Resolutions of said City; and will make a minute of the passage and adoption thereof in the record of proceedings of the City Council of said City, in the minutes of the meeting at which the same is passed and adopted. PASSED, APPROVED AND ADOPTED this 31d day of June, 2020. APPROVED AS TO FORM: 1 00 Mark D. Hensley, Cit&dbrney Drew B's, Mayor RESOLUTION NO. 5218 PAGE 2 of 3 ATTEST: STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS CITY OF EL SEGUNDO ) I, Tracy Weaver, City Clerk of the City of EI Segundo, California, do hereby certify that the whole number of members of the City Council of said City is five; that the foregoing Resolution No. 5218 was duly passed and adopted by said City Council, approved and signed by the Mayor of said City, and attested to by the City Clerk of said City, all at a regular meeting of said Council held on the 31d day of June 2020, and the same was so passed and adopted by the following vote: AYES: Mayor Boyles, Mayor Pro Tem Pimentel, Council Member Pirsztuk, Council Member Nicol, and Council Member Giroux NOES: None ABSENT: None ABSTAIN: None ZOA Tracy Wer, r, City'"Clerk d RESOLUTION NO. 5218 PAGE 3of3